Workplace

Pessimism rocks America’s post-recession workplace, survey says

If a sampling of Americans is correct, the U.S. economy and workplace were forever changed — for the worse — by the Great Recession. According to a majority of adults polled by the John H. Heldrich Center for Workforce Development at Rutgers, college will continue to be unaffordable, people won’t be able to retire as expected and jobs will continue to be insecure.

Business

Judge dismisses racketeering and defamation suit filed by Power & Light District’s owner

In its federal suit, Cordish Companies alleged that the law firm Dickens Law LLC and attorneys Linda Dickens and Austin Johnston engaged in a racketeering enterprise when they threatened to expose an alleged “rabbit” scheme to the public. Dickens Law LLC has alleged that Cordish employed “rabbits” to initiate fights with African-American patrons to discourage them from coming to the district. Cordish has denied that it did any such thing.

Business

Regional manufacturing activity slows in August

The Federal Reserve Bank of Kansas City’s regional manufacturing index, which measures business in a seven-state area that includes Kansas and the western third of Missouri, registered at 3 in August. That was down from 9 in July and 6 in June, the Kansas City Fed said. Still, August marked the eighth consecutive month of manufacturing expansion in the region, and corporate expectations for future growth remain positive.

Workplace

Kansas City area jobs grew in July, but so did joblessness

The area’s unemployment rate was estimated at 6.6 percent in July, up from 6.3 percent in June. At the same time, area employers added 4,100 jobs. Preliminary data from the U.S. Bureau of Labor Statistics said 10,400 workers or would-be workers entered the area’s labor force in July, causing the jobless rate to rise even as employment grew.

Business

Winning American Royal barbecue rubs could go national

Winners will have an opportunity to get their rub recipe manufactured, marketed and distributed by Overland Park-based Old World Spices and Seasonings Inc. The American Royal World Series of Barbecue starts Oct. 2 and is expected to draw about 550 teams to the American Royal complex in the West Bottoms area.

Fuddruckers to replace KCK’s Cheeseburger in Paradise

Cheeseburger in Paradise has closed in the Legends Outlets Kansas City. Luby’s Inc., the Houston-based parent company of Cheeseburger in Paradise, plans to open a Fuddruckers restaurant in the building. No opening date was available.

Redevelopment of Power & Light Building is a go

Renovation that will create more than 200 apartments is expected to begin in October. NorthPoint Development, the project’s developer, still has to complete development agreements with the authority and Kansas City, but the Riverside company does not expect any problems.

Pessimism rocks America’s post-recession workplace, survey says

If a sampling of Americans is correct, the U.S. economy and workplace were forever changed — for the worse — by the Great Recession. According to a majority of adults polled by the John H. Heldrich Center for Workforce Development at Rutgers, college will continue to be unaffordable, people won’t be able to retire as expected and jobs will continue to be insecure.

Fuddruckers to replace KCK’s Cheeseburger in Paradise

Cheeseburger in Paradise has closed in the Legends Outlets Kansas City. Luby’s Inc., the Houston-based parent company of Cheeseburger in Paradise, plans to open a Fuddruckers restaurant in the building. No opening date was available.

Redevelopment of Power & Light Building is a go

Renovation that will create more than 200 apartments is expected to begin in October. NorthPoint Development, the project’s developer, still has to complete development agreements with the authority and Kansas City, but the Riverside company does not expect any problems.

Pessimism rocks America’s post-recession workplace, survey says

If a sampling of Americans is correct, the U.S. economy and workplace were forever changed — for the worse — by the Great Recession. According to a majority of adults polled by the John H. Heldrich Center for Workforce Development at Rutgers, college will continue to be unaffordable, people won’t be able to retire as expected and jobs will continue to be insecure.

Today's Market

Money Matters: What’s yours is mine

Social Security benefits may seem like less of a concern foryoung couples just starting life together since each of them has decades to go before reaching retirement age. However, for couples currently nearing retirement, the choices they make regarding Social Security can have a dramatic impact on their financial future.

A last-minute checklist for college students

A can of WD-40, a basic set of tools and refill orders on prescriptions might not be on the minds of college freshmen preparing to leave home for the first time. But a little preparation can save time, money and aggravation.

Ecuador heralds 'digital currency' plans

Ecuador is planning to create the world's first government-issued digital currency, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar, which the government cannot control.

Money Matters: What’s yours is mine

Social Security benefits may seem like less of a concern foryoung couples just starting life together since each of them has decades to go before reaching retirement age. However, for couples currently nearing retirement, the choices they make regarding Social Security can have a dramatic impact on their financial future.

A last-minute checklist for college students

A can of WD-40, a basic set of tools and refill orders on prescriptions might not be on the minds of college freshmen preparing to leave home for the first time. But a little preparation can save time, money and aggravation.

Ecuador heralds 'digital currency' plans

Ecuador is planning to create the world's first government-issued digital currency, which some analysts believe could be a first step toward abandoning the country's existing currency, the U.S. dollar, which the government cannot control.

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Today's Circulars

Dozens of planes grounded in German pilot strike

Thousands of passengers are feeling the impact of a pilots strike in Germany after negotiations between the country's biggest airline Lufthansa and the union representing pilots collapsed over a long-running dispute regarding wages and early retirement benefits.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Dozens of planes grounded in German pilot strike

Thousands of passengers are feeling the impact of a pilots strike in Germany after negotiations between the country's biggest airline Lufthansa and the union representing pilots collapsed over a long-running dispute regarding wages and early retirement benefits.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

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Business

Business

Grain piles up as trains move North Dakota oil

The furious pace of energy exploration in North Dakota is creating a crisis for farmers whose grain shipments have been held up by the vast new movement of oil by rail, leading to millions of dollars in agricultural losses and slower production for breakfast cereal giants such as General Mills.

Business

3 ways insurers can discourage sick from enrolling

Insurers can no longer reject customers with expensive medical conditions thanks to the health care overhaul. But consumer advocates warn that companies are still using wiggle room to discourage the sickest — and costliest — patients from enrolling.